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Yara and Petrobras have signed a non-binding Master Agreement, as the next step forward in the negotiations to structure a potential business partnership, following the MOU signed on February 29, 2024. (Source: Yara International)
Business Partnership

Yara, Petrobras Enter into Master Agreement

Yara and Petrobras have entered into a non-binding Master Agreement following a MOU which was signed between both the firms in early 2024. With this move, the companies will jointly finalize the analysis on the potential synergies between their operations, to increase efficiencies in the local fertilizer and industrial products market.

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The electricity feed-in from renewable energies is to be secured via long-term PPAs for electricity from offshore and onshore wind farms and solar parks in the region. (Source: ©Alexey Rezvykh - stock.adobe.com)
Plant Watch

Top 10 Engineering Projects of June 2022

PROCESS Worldwide brings to you the ‘Top 10 plant engineering projects of June 2022’ from all over the world. Right from Oman developing its first waste-to-hydrogen facility to Europe starting up an e-cracking furnace experimental unit, find out all the projects making headlines here.

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